Li Shufu
Li Shufu (simplified Chinese: 李书福; traditional Chinese: 李書福; pinyin: Lǐ Shūfú), is a Chinese industrialist and businessman and the Chairman of Zhejiang Geely Holding Group Co. Ltd..
Biography
Li Shufu was born in Taizhou, Zhejiang, People's Republic of China in 1963. Li is the founder and current Chairman of the Geely Automobile, which is the second largest private automobile manufacturer in China.[1] Currently, Li resides in Hangzhou, the capital city of Zhejiang Province.
In 2011, Forbes ranked Li No. 35 richest person in Mainland China and had a net worth of US$ 1.9 billion.[2]
Volvo takeover
On 28 March 2010, Geely signed a deal worth US$ 1.8 billion to buy Volvo Cars from American automobile manufacturer Ford Motor Company.[3] It was the largest foreign purchase by a Chinese car manufacturer.
See also
References
- ^ http://www.nytimes.com/2010/03/29/business/global/29auto.html?ref=global-home NYTimes.com: "Chinese Automaker Geely to Buy Volvo"
- ^ "Li Shufu - Forbes" (in Template:En icon). Forbes. March 9, 2011. Retrieved May 15 2011.
{{cite web}}: Check date values in:|accessdate=(help)CS1 maint: unrecognized language (link) - ^ "Volvo sale signed by Geely and Ford" (stm) (in Template:En icon). BBC News. Page last updated at 15:37 GMT, Sunday, 28 March 2010 16:37 UK. Retrieved 28 March 2010.
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